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Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 79. (Read 198796 times)

legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
It might be a bubble but 1 billion marketcap and still growing can't really be a p&d. It's time for Bitcoiners to acknowledge there's a new kid in town. Just check what Ted Rogers, president of Xapo is saying on Twitter:

"blocksize restriction by Core & centralization of dev in 1 company has made #bitcoin the slow incumbent & #ethereum the agile disruptor"
Put all BTC in ETH. It's game changer.
legendary
Activity: 1568
Merit: 1000
It might be a bubble but 1 billion marketcap and still growing can't really be a p&d. It's time for Bitcoiners to acknowledge there's a new kid in town. Just check what Ted Rogers, president of Xapo is saying on Twitter:

"blocksize restriction by Core & centralization of dev in 1 company has made #bitcoin the slow incumbent & #ethereum the agile disruptor"
hero member
Activity: 680
Merit: 500
Waiting for a pullback in ETH. It is 5x the supply of Bitcoin already, so the natural short-term limit is about 0.2BTC. There will be ups and downs before it gets there, if ever. I have seen hundreds of scamcoins come and go but always knew that at some point Bitcoin will have a competitor that is driving innovation more inventively, just as companies like Google and Amazon did in their sectors. I do like the look of this one, but it's early days, be careful.

If it is a pump&dump it is one of the most elaborate in the history of mankind, as there seem to be a huge amount of startups working on top of it. But it does seem overbought. Easy in.
legendary
Activity: 2842
Merit: 1511
Like bitcoin carpenteer said, just stop this madness. ETH is at it's high now. It's been pumped big time.
The only logical thing to do is that he price will be dumped to the ground. And newcomers will lose money.

If you considered this well then you are too late.

Oh this bitch is a bubble alright, but at its high right now? Looks like it's about to break out higher tbh...

newbie
Activity: 54
Merit: 0
If you want to discuss the tech and security concerns let me know.

Thanks mate! Was fun though. All the best for now  Smiley
legendary
Activity: 994
Merit: 1035
It is silly to assume that you or I have any influence upon the price by our insignificant posts on an obscure forum. I'm not trying to influence the direction of the price, because in the end investors are going to buy and sell regardless, but just to educate others and potentially warn developers...

Chill out man! I'm teasing you. Of course we are all aware of the risks. Besides I'm not trading anymore but just waiting the right moment to sell off my pre-sale ETHER Wink Still have a lot to get rid off and then I will retire for ever Cool I was once the CEO of CCV.IO (Crypto Currency Venture) and I enjoyed to the full those amazing rides BTC, LTC, XRP & STR gave use back in 2013-2014... Good old times. My last ride is with ETH and then I'm done. What's about you?

I'm not so interested in pumping coins or making money off ipo's... my focus more is with the tech and its applications , but the statement above places your comments in context .  If you want to discuss the tech and security concerns let me know.
newbie
Activity: 54
Merit: 0
It is silly to assume that you or I have any influence upon the price by our insignificant posts on an obscure forum. I'm not trying to influence the direction of the price, because in the end investors are going to buy and sell regardless, but just to educate others and potentially warn developers...

Chill out man! I'm teasing you. Of course we are all aware of the risks. Besides I'm not trading anymore but just waiting the right moment to sell off my pre-sale ETHER Wink Still have a lot to get rid off and then I will retire for ever Cool I was once the CEO of CCV.IO (Crypto Currency Venture) and I enjoyed to the full those amazing rides BTC, LTC, XRP & STR gave use back in 2013-2014... Good old times. My last ride is with ETH and then I'm done. What's about you?
legendary
Activity: 924
Merit: 1001
I have huge amount of respect for toknormal so do heed his advice.

The smart thing to do as an Ether investor is to be always ready to bail. If you are hoping for 100-200 then you need to assess where the money comes from to justify that price. Does it...just come? If so, from where? Does the technology justify the inherent value and if so why? If the latter, fine, don't try to convince speculators and hold. You don't need to discuss it. If you are the former listen, because you may be wrong (you may be right too).

I hold Ether because as far as alts go this has the strongest case for doing well price wise. Will I bail on a massive dump. Yes, but not until it hits an insanely low floor. Why? I invested what I can afford to lose. Simply as.
legendary
Activity: 994
Merit: 1035
Any potential Buyout would be of the Ethereum Foundation or the developers...

Be careful with these hot speculations! You could be the cause of the highest hype ever  Grin Grin Grin Grin


EDIT: Whaooo!!! It work! The price jumped from €11.80 to €11.88. Thanks mate! I get richer every seconds that passes  Grin Grin Grin

It is silly to assume that you or I have any influence upon the price by our insignificant posts on an obscure forum. I'm not trying to influence the direction of the price, because in the end investors are going to buy and sell regardless, but just to educate others and potentially warn developers ... but I'm sure they have already been reasonably compensated if things go bad. If you are aware of the risks and still buy than you are at least an aware investor willing to make the tradeoff of risk /reward.
newbie
Activity: 54
Merit: 0
Any potential Buyout would be of the Ethereum Foundation or the developers...

Be careful with these hot speculations! You could be the cause of the highest hype ever  Grin Grin Grin Grin


EDIT: Whaooo!!! It work! The price jumped from €11.80 to €11.88. Thanks mate! I get richer every seconds that passes  Grin Grin Grin
legendary
Activity: 994
Merit: 1035

I quote: "Microsoft are attempting to limit open-source development with buy-outs, patent trolling, and charging royalties..."

What?!? Did I read well? buy-outs??? Whaaaooo!!!! Let's buy as much ETH as we can before Microsoft buys Ethereum and the price will explode!!!!

TO THE MOON!!!!!!!!!!!!!!!!!!  Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin

They don't need to buy out any ETH fuel and would likely not take that course ever as that wouldn't leverage any control. They don't need to be a customer buying overpriced cpu cycles , they want to make money selling other fools overpriced cpu cycles by controlling the tech with IP control. Any potential Buyout would be of the Ethereum Foundation or the developers therein. In such a case even this is unlikely because they need to set a legal precedent that they control the patents and technology to smother ethereum clones that exist now and future ones... So instead of the honey going to Vitalk and other owners of the Ethereum Foundation(not you or other investors) , expect the stick...
newbie
Activity: 54
Merit: 0

I quote: "Microsoft are attempting to limit open-source development with buy-outs, patent trolling, and charging royalties..."

What?!? Did I read well? buy-outs??? Whaaaooo!!!! Let's buy as much ETH as we can before Microsoft buys Ethereum and the price will explode!!!!

TO THE MOON!!!!!!!!!!!!!!!!!!  Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin
sr. member
Activity: 616
Merit: 300
Hitfin.com

That is all.
legendary
Activity: 1568
Merit: 1000
Stop trying to get noobs from buying into this pump...  everything about it is screaming bad decision.  There will be a reversal, nothing climbs this fast without one.   If they can fix the problems then there may be hope, but if you want to gamble on it at least wait until it has priced itself back into reality.
800k sat might be a good place to start .

Lol, you are for a rude awakening when your precious BTC go back to reality too, like $100-200...that's what the halvening will bring, half the price.

Like bitcoin carpenteer said, just stop this madness. ETH is at it's high now. It's been pumped big time.
The only logical thing to do is that he price will be dumped to the ground. And newcomers will lose money.

If you considered this well then you are too late.

We'll see what happens this week really, as usual selling the news is a common occurrence. However if it doesn't happen and new deals and announcements are made with the release of Homestead, then the real bubble will start.

I think I'm safe since I bought at 90k...(remember when 0.01 was the absolute top? right...)
sr. member
Activity: 336
Merit: 250
Bravity is beautiful.
Stop trying to get noobs from buying into this pump...  everything about it is screaming bad decision.  There will be a reversal, nothing climbs this fast without one.   If they can fix the problems then there may be hope, but if you want to gamble on it at least wait until it has priced itself back into reality.
800k sat might be a good place to start .

Lol, you are for a rude awakening when your precious BTC go back to reality too, like $100-200...that's what the halvening will bring, half the price.

Like bitcoin carpenteer said, just stop this madness. ETH is at it's high now. It's been pumped big time.
The only logical thing to do is that he price will be dumped to the ground. And newcomers will lose money.

If you considered this well then you are too late.
legendary
Activity: 994
Merit: 1035
I'm not going to pretend to know if ETH is going up or down in the short term, no one knows this, But I Have a good idea what is in store in the future-

http://bitcoinist.net/microsoft-bullies-open-source-is-the-blockchain-their-next-target/

This is why crypto-currencies need to remain decentralized, have tangible assets that cannot be replicated with code alone(PoW), and not have a centralized development team controlling the currency like ethereum. Yes, Ethereum is centralized and thus can be a target for lawsuits and state attacks because they already have had a IPO crowdsale and once they switch to POS the plan is to give a cut to of the fees/inflation to the Ethereum Foundation which controls the "fuel"

https://github.com/ethereum/wiki/wiki/White-Paper#fees

Quote
Creators are free to crowd-sell or otherwise assign some or all of the difference between the PoS-driven supply expansion and the maximum allowable supply expansion to pay for development.
legendary
Activity: 1568
Merit: 1000
Stop trying to get noobs from buying into this pump...  everything about it is screaming bad decision.  There will be a reversal, nothing climbs this fast without one.   If they can fix the problems then there may be hope, but if you want to gamble on it at least wait until it has priced itself back into reality.
800k sat might be a good place to start .

Lol, you are for a rude awakening when your precious BTC go back to reality too, like $100-200...that's what the halvening will bring, half the price.
legendary
Activity: 1582
Merit: 1001
Stop trying to get noobs from buying into this pump...  everything about it is screaming bad decision.  There will be a reversal, nothing climbs this fast without one.   If they can fix the problems then there may be hope, but if you want to gamble on it at least wait until it has priced itself back into reality.
800k sat might be a good place to start .
legendary
Activity: 1568
Merit: 1000

You cant really compare litecoin to Ethereum. Litecoin is only a fork of bitcoin and brought nothing new to game. Ethereum on the otherhand is a completly new form of blockchain tech, it isnt a fork of bitcoin.

Indeed. That's why NxT got its huge pump in January 2014, Bitshares, Ripple...you name it. (b.t.w. everybody said that about Litecoin at the time - that it was going to leave Bitcoin in the dust, witness that big green candle at the front of the profile).

It's not that I'm disagreeing with the fact that Ethereum will be "big", I'm just saying that the value in that network is not necessarily in the blockchain tokens. They can possibly be thought of as "hot air", relatively speaking.


Please, why is it so hard to understand that Ethereum is miles above those shitcoins? Only Litecoin passed the 1B market cap as far as I know, and we are talking about a clone with no real use other than speculation (we already have BTC for wealth storage and it works just fine...we can all agree on that). ETH has huge potential because those tokens you talk about need to be used so they will cost money, just like oil...how much we are figuring it out, it's just all getting started really. But it's just as simple as doing some simple logical deductions. ETH was made to be highly divisible, so 70 or 100m "tokens" is absolutely nothing, with 77-100 ETH you are part of the million club. Bitcoin's 6B market is a joke compared to big companies. Ethereum thrives because you see news like the Toronto Exchange, Reuters, Germany's RWE etc looking into it. If it really start getting implemented and used around the world do you really think $10-15 per ETHER is expensive? I won't even mention Augur or Slock.it.
legendary
Activity: 3066
Merit: 1188

You cant really compare litecoin to Ethereum. Litecoin is only a fork of bitcoin and brought nothing new to game. Ethereum on the otherhand is a completly new form of blockchain tech, it isnt a fork of bitcoin.

Indeed. That's why NxT got its huge pump in January 2014, Bitshares, Ripple...you name it. (b.t.w. everybody said that about Litecoin at the time - that it was going to leave Bitcoin in the dust, witness that big green candle at the front of the profile).

It's not that I'm disagreeing with the fact that Ethereum will be "big", I'm just saying that the value in that network is not necessarily in the blockchain tokens. They can possibly be thought of as "hot air", relatively speaking.
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